Hawaii Living

Royal Kuhio #2108 (Waikiki)

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  • Sold 2/12/25 at $253,888
    (List Price: $248,888)
  • Beds: 1
  • Baths: 1
  • Living: 538 ft²
  • Tenure:Leasehold ?
  • Leasehold Expiry: 12/31/41
  • Lease Rent: $ 407 / month
  • Fee Purchase: Not available
  • Balcony: 58 ft²
  • Built: 1976
  • Parking: 1
  • Maint. (HOA) Fees: $999 / month
  • Property Taxes: $363 / month
  • Est. Mortgage: $1,226 / mo - adjust loan
  • Time Listed for Sale: 9 days
  • Status Sold
  • Buy without visiting ?
  • All Royal Kuhio condos for sale »
  • All Waikiki condos for sale »

2240 Kuhio Ave #2108, Honolulu

Description
RARELY AVAILABLE LEGAL SHORT TERM RENTAL CORNER UNIT WITH OCEAN VIEWS & PARKING in the sought-after Royal Kuhio! This one-bedroom, one-bath, one-parking condo offers breathtaking ocean views and a Non-Conforming Use Certificate—a unique opportunity in Waikiki! Enjoy spectacular vistas of the ocean, Friday night fireworks, and the iconic Waikiki Beach sunsets from your own private lanai. The prime location places you just steps from the International Marketplace, Waikiki Beach, and the vibrant shopping, dining, and entertainment scene that Waikiki is known for. This condo is leasehold with monthly fees of $999 HOA, $407 lease rent, & $363 prop. tax. All utilities are included except electric. This unit also comes with a great investment potential—it features an assumable loan with an approximate balance of $50K at a 5.5% interest rate, and it has a non-conforming use certificate with the ability to short-term rent (daily, weekly, or monthly) for maximum income generation. Self-managed by the owners for years, this property is ready for its next chapter. Showings are based on availability between guest check ins. Owner annual income in supplements.
Past Activity
  • Feb 13, 2025 Sold for $253,888
  • Dec 26, 2024 Under Contract
  • Dec 17, 2024 Listed at $248,888
Blog
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $1.86
  • Price / ft²: $472
  • Other Condos Price / ft²
  • Cash vs Financing Buyers
  • HOA Fees Include: Cable TV, Hot Water, Internet Service, Other Common Expenses, Sewer, Water
  • Zoning: X2 - Apartment Precinct
  • Flood Zone: Zone AO
  • View: City, Ocean, Sunset
  • Furnished: Full
  • Property Condition: Above Average,Average
  • Owner Occupancy: 11%
  • Management Company: Hawaiiana
  • Security Features: Key, Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Condo Association Pool, Exercise Room, Heated Pool, Meeting Room, Patio/Deck, Pool on Property, Putting Green, Recreation Area, Resident Manager, Security Guard, Storage, Tennis Court, Trash Chute, Whirlpool
  • TMK: 1-2-6-20-58-190
  • Tax Assessed Land: $41,000
  • Tax Assessed Improvements: $419,900
  • Tax Assessed Total: $460,900
  • Courtesy: Hawaii Americana Realty / (808) 791-2923
  • MLS: 202428463
About Royal Kuhio
  • Address: 2240 Kuhio Ave, Honolulu, HI 96815.
  • Built in 1976, 385 Units on 38 Floors, 1 - 3BR,  Pets: OK (verify).
  • Amenities include Putting Green, Pool, Sun Deck, Fitness Room, BBQ, Game Room,  Sauna, 24-Hour Security & More.
  • This is a Leasehold property, the lease expiring in 2041.

About Royal Kuhio
This Royal Kuhio is not a condo hotel although many would think so because there appears to be many short-term vacation rentals taking place in this building. t's a quick walk to Waikiki beach, next to a number of restaurants and nightlife options and full o  ..... Read more.

The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on February 22, 2025.Information is deemed reliable but not guaranteed.
Other Royal Kuhio Listings
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Leasehold
$258,800
Royal Kuhio #3801
3 Bds | 3 Ba
2,000 ft²
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Leasehold
$228,000
Royal Kuhio #2012
1 Bd | 1 Ba
538 ft²
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Leasehold
$199,000
Royal Kuhio #3110
1 Bd | 1 Ba
436 ft²
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Leasehold
$189,000
Royal Kuhio #2505
1 Bd | 1 Ba
538 ft²
Other Waikiki Condos
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$268,000
Waikiki Marina Condominium #1702
Studio | 1 Ba
386 ft²
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$223,000
Ainahau Gardens #311
Studio | 1 Ba
300 ft²
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$279,000
Seaside Suites #409
Studio | 1 Ba
309 ft²
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$295,000
Aloha Lani #2203
1 Bd | 1 Ba
413 ft²
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$298,000
Kuhio Village #607
Studio | 1 Ba
206 ft²
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Featured
$299,000
Aloha Surf Hotel #204
Studio | 1 Ba
183 ft²
  • Sold 2/12/25 at $253,888
    (List Price: $248,888)
Description
RARELY AVAILABLE LEGAL SHORT TERM RENTAL CORNER UNIT WITH OCEAN VIEWS & PARKING in the sought-after Royal Kuhio! This one-bedroom, one-bath, one-parking condo offers breathtaking ocean views and a Non-Conforming Use Certificate—a unique opportunity in Waikiki! Enjoy spectacular vistas of the ocean, Friday night fireworks, and the iconic Waikiki Beach sunsets from your own private lanai. The prime location places you just steps from the International Marketplace, Waikiki Beach, and the vibrant shopping, dining, and entertainment scene that Waikiki is known for. This condo is leasehold with monthly fees of $999 HOA, $407 lease rent, & $363 prop. tax. All utilities are included except electric. This unit also comes with a great investment potential—it features an assumable loan with an approximate balance of $50K at a 5.5% interest rate, and it has a non-conforming use certificate with the ability to short-term rent (daily, weekly, or monthly) for maximum income generation. Self-managed by the owners for years, this property is ready for its next chapter. Showings are based on availability between guest check ins. Owner annual income in supplements.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on February 22, 2025.Information is deemed reliable but not guaranteed.
    • Feb 13, 2025 Sold for $253,888
    • Dec 26, 2024 Under Contract
    • Dec 17, 2024 Listed at $248,888
    • Address: 2240 Kuhio Ave, Honolulu, HI 96815.
    • Built in 1976, 385 Units on 38 Floors, 1 - 3BR,  Pets: OK (verify).
    • Amenities include Putting Green, Pool, Sun Deck, Fitness Room, BBQ, Game Room,  Sauna, 24-Hour Security & More.
    • This is a Leasehold property, the lease expiring in 2041.

    About Royal Kuhio
    This Royal Kuhio is not a condo hotel although many would think so because there appears to be many short-term vacation rentals taking place in this building. t's a quick walk to Waikiki beach, next to a number of restaurants and nightlife options and full o  ..... Read more.

    Other Royal Kuhio Listings
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    Leasehold
    $258,800
    Royal Kuhio #3801
    3 Bds | 3 Ba
    2,000 ft²
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    Leasehold
    $228,000
    Royal Kuhio #2012
    1 Bd | 1 Ba
    538 ft²
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    Leasehold
    $199,000
    Royal Kuhio #3110
    1 Bd | 1 Ba
    436 ft²
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    Leasehold
    $189,000
    Royal Kuhio #2505
    1 Bd | 1 Ba
    538 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Leasehold Expiry: 12/31/41
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.